234-236 King Street , Midland, ON L4R3M2
Midland, ON L4R3M2
Description
Great redevelopment opportunity. Corner lot with lots of exposure. Main floor has 2 vacant commercial units, the larger is divisible to maximize an income. Upgrade floor and new storefront windows. The other 2 floors ready to be renovated with floor plans showing the following 12 - 18 units. 2nd floor has 5 - 1 bedroom units with a study and a 1 bedroom unit. The second floor with the bedrooms and a study being built on a mezzanine with a view down below to the living/dining room area. The 3rd floor has 6 - bedroom units. 18 units possible building in an additional floor with 6 units/floor. 400 amp single phase hydro service and a 200 amp hydro service. Roof replaced approx.12 years ago. The Town of Midland has just finished a Downtown Revitalization Program which makes the location appealing for downtown shopping. Town dock, marina and Trans Canada Trail is located 2 blocks away at the end of King Street. (id:13843)
Details
| MLS# | S8387926 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 324 |
| Listing Provided By | ED LOWE LIMITED | CATHERINE ANNE LOWE |
Features
| SQ Feet | 15,000 |
|---|---|
| Zoning | DC-F2 |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Midland |
| Postal Code | L4R3M2 |
| Listing VS Median (In L4R3M2) | |
Price: $1,650,000 low | high Med: $1,650,000 SqFt: 15,000 low | high Med: 15,000 $ / SqFt: $110 low | high Med: $110 On site: 324 low | high Med: 324.000000 | |